The latest on the 21 percent Medicare pay cut.
If your practice leans heavily on Medicare for reimbursement, expect your cash flow to taper off a bit.
CMS has instructed the MACs to hold claims for the first ten business days in March, according to numerous press reports like this one from Healthcare Finance News.
“A bill intended to extend the freeze on Medicare pay at current levels is still sitting in the Senate,” reports Part B Insider editor Torrey Kim. “Hopefully by that point, Congress will have passed an extension of the pay freeze so you won’t be looking at the 21% pay cut.”
Bummed that the Olympics excitement is over and just twiddling your thumbs until March Madness begins? To follow the pay cut legislation suspense as it happens, join Supercoder.com’s fan page on Facebook.